Page 2262 - Economy & Policy News

RBI joins peers to buy gold insurance as US-China trade war escalates

So far, China and Russia are the most aggressive buyers, but Reserve Bank of India (RBI) is now the 10th largest gold reserve holder in the world, as of June, according to IMF

Delhi and Puducherry lock horns with Centre over IGST distribution

Delhi and Puducherry have for long been battling with the Centre for full statehood

US-China trade war: 151 items of Indian exports set to gain, says research

Policy push may see the exports edge out costlier US rivals in China, as trade fight escalates: Commerce dept research

Modi 2.0: Groups of secretaries formed for each sector for quick results

The cabinet secretary has made operational this sectoral approach for secretaries, which will be a regular feature of the government

Cross-border insolvency: Cabinet likely to take up new provisions soon

Rules under the current provisions have not been notified and, hence, cross-border insolvency has not yet become effective

Black money chase: Noose tightens on Swiss accounts; 50 Indians get notices

These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decor

Devendra Fadnavis expands cabinet, inducts ex-Congress leader Vikhe Patil

Apart from the eight ministers, five were inducted as junior ministers as part of a cabinet expansion which took place a day before the beginning of the state legislature's monsoon session

Subramanian's contention on GDP growth raises brows

It is not the first time that Arvind Subramanian has expressed misgivings about the growth figures being put out

'India has wage problem, not job problem', believes TV Mohandas Pai

Pai said the data on unemployment put out by the Centre for Monitoring Indian Economy (CMIE) that 11 million jobs were lost in 2018 was erroneous

Volume of litigation under GST regime to grow in a big way: Experts

A spate of show cause notices, statutory appeals and review petitions is likely to grow the volume of litigation substantially over the next two-three years, say experts

Uttar Pradesh power utility proposes 25% hike in electricity tariffs

UP Power Corp has pegged 2019-20 revenue-expenditure gap at Rs 18,091 crore

Housing finance growth may slow to 15% this fiscal due to NBFC crisis

However, given the under-penetration of mortgages, the agency expects growth to recover soon

Govt mulls fixing minimum benchmark prices for different grades of tea

The main export markets for India are Iran, China, UAE, Pakistan and CIS countries like Armenia, Belarus, Kazakhstan, and Kyrgyzstan

PNB to sell NPAs worth over Rs 1,000 cr, six accounts put on block

The reserve price for the six non-performing assets (NPAs) has been fixed at Rs 342 crore

Personal equation between PM Modi, Netanyahu deepens India-Israel ties

Modi visited Israel in July 2017, the first visit by an Indian prime minister in 70 years

Trai evaluating ways to determine unique mobile subscribers base

This subscriber number, however, does not give the exact picture of those connected or unconnected as it takes into account multiple SIMs and phone connections

FPIs remain net buyers in June, invest Rs 11,132 cr on positive sentiment

If there is a trade deal between the US and China, all markets are likely to move up, said Himanshu srivatsava, senior research analyst at Morningstar

India can boost exports of 350 products to US, China amid trade war: Report

The Indian products which can tap the Chinese market include copper ores, rubber, paper/paperboard, equipment for transmission voice/data in a wired network, tunes and pipes.

Private PR professionals to soon drive railways' publicity campaign

The teams will be formulating strategies for Facebook, Twitter, Instagram and other social media platforms

Will provide clean drinking water to every household by 2024, says PM Modi

PM Modi said water conservation and irrigation both require a massive effort, based on public participation